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Updated almost 5 years ago on . Most recent reply

User Stats

30
Posts
9
Votes
Tyler Hallman
9
Votes |
30
Posts

New member and aspiring investor

Tyler Hallman
Posted

Hello! 

Background: My name is Tyler Hallman and my wife and I are currently living in Coeur d'Alene Idaho which is in North Idaho very close to Spokane, Washington. The Coeur d'Alene area seems like a great up and coming spot to buy and hold property! We are originally from Colorado and love it there as well, my wife is a travel nurse so we get to move to cool places a lot for short stints of time and I work from home and own my own marketing/advertising/design company.

Goals: My goal with investing is to practice the brrrr strategy as well as fix and flip. I am actively looking in the Coeur d'Alene/spokane area for deals as well as the western half of Colorado as thats where our family lives and my father in law is a GC and knows all of the right people to make contracting a home a breeze. I am diving deep into the education of this and want to take action. The goal is to have 5 rentals and have flipped 2 additional homes in the next 3 years. 

What have I done so far: So far I've found a few deals, asked agents about them, and when the agent says who are you working on finance through I hit a wall. 1) I haven't been pre approved by anyone. 2) It seems during all of these podcasts/videos on BP they say "just make an offer" so I get tripped up when I actually get asked where's the money. and 3) well.. I don't have money to put down 20% and because I'm new to this I don't think a hard money lender will lend to me. (maybe i'm wrong there, hope so) 

Anyway thats my story, hope to learn a lot here and make some professional connections!

Tyler 

Most Popular Reply

User Stats

23
Posts
18
Votes
Tyler Wagner
  • Real Estate Agent
  • Sandpoint, ID
18
Votes |
23
Posts
Tyler Wagner
  • Real Estate Agent
  • Sandpoint, ID
Replied

Hi Tyler, 

Welcome to Coeur D Alene. Could I offer to get together for coffee or meet at my office soon to help you get started at least in North Idaho. I am a local investor and also Realtor with the North Idaho REI team. We help investors with Real Estate and hold networking events here in our Coeur D Alene and Sandpoint once a month. When we are not shut down from meeting in person, we hold educational events the first Thursday Evening of the month in CDA and the second Thursday in Sandpoint. A great chance to meet contractors, lenders, flippers, buy and holders, wholesers, and people wanting to get started or just learn. it's a great mix. The events are always posted here on BP.
I hope we can meet up, I also came from Colorado, been here 11 years, and plus with having the same name, it’s probably destiny. 
Tyler Wagner

North Idaho REI Team of Keller Williams

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